1.

What is the implication of the Union Government giving 'Special Status' to a State?

A.  Subsequently large percentage of the Central assistance will be grants-in-aid      
B.  Current account budgetary deficit will be bridged by the Union Government   
C.  The extent of loan as a percentage of total assistance will be high     
D.  The Union Government meets entire expenditure of the State during the period of 'Special Status'    
Answer» B.  Current account budgetary deficit will be bridged by the Union Government   


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